Understanding Equipment Financing
Equipment financing provides businesses with the capital needed to purchase or lease essential machinery, vehicles, technology, and other equipment without depleting cash reserves. Whether you’re expanding operations, replacing outdated equipment, or starting a new venture, we offer flexible financing solutions tailored to your business needs.
- Fixed monthly payments
- Build equity in your equipment
- Potential tax benefits through depreciation
- Terms typically matching the equipment’s expected lifespan
- Down payments often as low as 10-20%
- Lower upfront costs
- Flexible end-of-term options
- Easier equipment upgrades
- Potential tax advantages through lease payments
- Conservation of working capital
- Manufacturing and Industrial
- Construction and Heavy Equipment
- Transportation and Logistics
- Healthcare and Medical
- Restaurant and Food Service
- Technology and Office Equipment
- Agriculture and Farming
- Printing and Publishing
Benefits of Equipment Financing
Maintain your cash flow by spreading the cost of equipment over time rather than making a large upfront purchase.
Equipment financing often provides tax benefits through depreciation or lease payment deductions. Consult your tax advisor for specific advantages.
Access the latest equipment and technology to maintain your competitive edge without straining your budget.
Get the equipment you need quickly with streamlined approval processes and minimal documentation requirements.
- Minimum credit score of 660+
- At least 2 years in business
- Annual revenue of $100,000+
- Clean payment history
- Financing up to 100% of equipment value
- Terms from 2-7 years
- Competitive interest rates
- Quick approval process
- Financing available for quality used equipment
- Flexible terms based on equipment age and condition
- Expert evaluation assistance
- Competitive rates for qualified buyers
- Review equipment needs and explore financing options
- Complete our application with basic business information
- Provide necessary documents for underwriting
Receive financing offer with detailed terms. Close the loan and acquire your equipment.
Don’t let equipment costs hold your business back. Contact our equipment financing specialists to discuss your needs and explore options tailored to your business.
Note: Rates and terms are subject to credit approval and may vary based on business history, equipment type, and market conditions. Contact our office for the most current financing options available.
“Springboard Funding Partners made the loan process seamless and efficient. Their expertise helped us secure the funding we needed to expand our business.”
“Thanks to Springboard, we closed our loan quickly and with favorable terms. Their team was supportive and knowledgeable every step of the way.”
“I was impressed by the professionalism and dedication of Springboard Funding Partners. They truly understand the needs of small businesses.”
“The team at Springboard went above and beyond to ensure our loan was closed on time. Their resources and connections are unmatched.”
“Springboard Funding Partners exceeded our expectations, helping us navigate complex loan requirements with ease and confidence.”
- Extensive lender network
- Competitive rates and terms
- Industry expertise
- Personalized service
- Quick approval process
- Ongoing support
Contact us today to learn more about how we can help your business acquire the equipment it needs to grow and succeed.